FREED FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- FREED FOUNDATION INC (EIN 52-6047591)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-05-13
- IRS object ID
- 201921339349101857
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T11:48:55-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWNPC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 331 NEWMAN SPRINGS RD STE 125 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 077016765 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 526047591 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FREED FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ELIZABETH FREED | InCareOfNm |
| Business Name Control | FREE | BusinessNameControlTxt |
| Phone | 2125208399 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 E WOOLBRIGHT ROAD Suite 304 | AddressLine1Txt |
| City | BOYNTON BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33435 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH FREED | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2125208399 | PhoneNum |
| Signature | 2019-05-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TED NAPPI CPA | PreparerPersonNm |
| PTIN | P01029666 | PTIN |
| Phone | 7328423113 | PhoneNum |
| Preparation | 2019-05-01 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.239.167.66 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 22006220191335000063 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 71A47B585B2038AB91DD83B3B2A539B146E36345 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 0ED15E274258606D4975A058CA76EBB3F29A6D93 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $18,367,526 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $568,022 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $568,022 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $16,751 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $313,384 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $16,751 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $16,583 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $16,583 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $601,356 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $601,356 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $120,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $30,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $90,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,230 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $2,808 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $8,422 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $21,254 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,314 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $15,940 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $28,613 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $28,613 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $26,674 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,714 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,360 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $7,000 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $7,000 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,152 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,152 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,321 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $774 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $219,244 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $77,449 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $131,648 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $859,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $859,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,078,744 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $77,449 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $991,148 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$477,388 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $523,907 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,454,058 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,278,117 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,278,117 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,453,255 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,614,192 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,500,711 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,315,142 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,281,737 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,407,661 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,594,991 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,169,440 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,052,048 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $6,666,310 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,666,329 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,117,147 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $21,842 | OtherAssetsBOYAmt |
| Other Assets EOY | $11,842 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $11,842 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,505,598 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,021,657 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $18,367,526 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $4,410 | AccountsPayableBOYAmt |
| Other Liabilities BOY | $2,143 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $6,553 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $16,499,045 | CapitalStockBOYAmt |
| Capital Stock EOY | $16,021,657 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,499,045 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,021,657 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,505,598 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,021,657 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,499,045 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$477,388 | ExcessRevenueOverExpensesAmt |
| Subtotal | $16,021,657 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,021,657 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| ALERIAN MLP | P | 2014-03-04 | 2018-03-15 | $62,441 | $86,908 | -$24,467 | -$24,467 |
| CEDAR RLTY TR INC | P | 2014-06-04 | 2018-01-12 | $6,325 | $6,325 | ||
| FEDERATED HIGH YIELD | P | 2014-07-11 | 2018-03-15 | $79,503 | $82,168 | -$2,665 | -$2,665 |
| UBS AG JERSEY BRH | P | 2017-01-19 | 2018-03-15 | $23,057 | $28,232 | -$5,175 | -$5,175 |
| CITIGROUP INC | P | 2016-07-20 | 2018-09-26 | $93,000 | $93,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $16,751 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $700,331 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $19,542,324 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.035837 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,158,339 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $18,979,598 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.061031 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,026,788 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $19,514,034 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.052618 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,034,091 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $20,273,066 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.051008 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $902,119 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $19,598,220 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.046031 | DistributionYr5Rt |
| Total Distribution | 0.246525 | TotalDistributionRt |
| Average Distribution | 0.049305 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $19,575,429 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $965,167 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,239 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $970,406 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $991,148 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $5,239 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,239 | SubtotalAmt |
| Tax Based On Investment Income | $5,239 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $9,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $9,600 | TotalPaymentsAndCreditsAmt |
| Overpayment | $4,361 | OverpaymentAmt |
| Applied To ES Tax | $4,361 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH FREED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125208399 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 E WOOLBRIGHT ROAD 304 | AddressLine1Txt |
| City | BOYNTON BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33435 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ELIZABETH FREED | ||||||||
| 303 E WOOLBRIGHT ROAD 304 | BOYNTON BEACH | FL | 33435 | TREASURER | 35.0 | $120,000 | $0 | $8,230 |
| NICHOLAS J DOTOLI | ||||||||
| 110 WHITE ROCK ROAD | VERONA | NJ | 07044 | BOARD MEMBER | 0 | $0 | $0 | $0 |
| WILLIAM P MITCHELL | ||||||||
| 8520 NW 14TH STREET | PLANTATION | FL | 33322 | BOARD MEMBER | 0 | $0 | $0 | $0 |
| DAVID OURISMAN | ||||||||
| 1522 SUMMIT RD | BERKELEY | CA | 94708 | SECRETARY | 0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $18,500,604 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,372,928 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,873,532 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $19,873,532 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $298,103 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,575,429 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $978,771 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $978,771 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,239 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,239 | TotalTaxAmt |
| Distributable Before Adj | $973,532 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $973,532 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $973,532 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $991,148 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $991,148 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $5,239 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $985,909 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $973,532 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $111,868 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $111,868 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $991,148 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $973,532 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $17,616 | RemainingDistriFromCorpusAmt |
| Total Corpus | $129,484 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $129,484 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $111,868 | ExcessFromYear2Amt |
| Excess From Current Year | $17,616 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE FREED FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 E WOOLBRIGHT RD 304 | AddressLine1Txt |
| City | BOYNTON BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33435 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | GETGRANTSNJNYC@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | THE FREED FOUNDATION WILL BE ACCEPTING GRANT PROPOSALS DIGITALLY AND VIA MAIL. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE FREED FOUNDATION GRANTS AWARDS TO TAX-EXEMPT ORGANIZATIONS THAT DO WORK ON ISSUES ASSOCIATED WITH SCIENCE, MENTAL HEALTH AND ANIMAL WELFARE. THE FOUNDATION MAY CONSIDER GRANT AWARDS TO ORGANIZATIONS WORKING ON OTHER ISSUES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| SEARCH AND CARE | ||||||||
| 1844 2ND AVE | NEW YORK | NY | 10128 | NONE | PC | MENTAL HEALTHCARE HOMEBOUND ADULTS | $30,000 | |
| BOYS CLUB OF NEW YORK | ||||||||
| 287 EAST 10TH STREET | NEW YORK | NY | 10009 | NONE | PC | MENTAL HEALTH DEPT | $75,000 | |
| NORTH SHORE ANIMAL LEAGUE | ||||||||
| 16 LEWYT STREET | PORT WASHINGTON | NY | 11050 | NONE | PC | ZIGGY'S FUND | $75,000 | |
| GARDEN STATE EQUALITY | ||||||||
| 40 S FULLERTON AVE | MONTCLAIR | NJ | 07042 | NONE | PC | TEACH & AFFIRM PROGRAM | $25,000 | |
| SOUTH FLORIDA SPCA | ||||||||
| PO BOX 924088 | HOMESTEAD | FL | 33092 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| ADIRONDACK CENTER FOR LOON CONSERVATION | ||||||||
| PO BOX 196 | RAY BROOK | NY | 12977 | NONE | PC | CAPACITY BUILDING FOR LOON CENTER | $60,000 | |
| FOUNDATION CENTER | ||||||||
| 32 OLD SLIP 24TH FLOOR | NEW YORK | NY | 10005 | NONE | PC | MEMBERSHIP SUPPORT | $2,500 | |
| HOLIDAY EXPRESS | ||||||||
| 151 INDUSTRIAL WAY EAST BUILDING | EATONTOWN | NJ | 07724 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| LENOX HILL NEIGHBORHOOD HOUSE | ||||||||
| 331 E 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | WOMENS' MENTAL HEALTH SHELTER | $15,000 | |
| NAMI QUEENS NASSAU | ||||||||
| 1981 MARCUS AVE STE 224 | LAKE SUCCESS | NY | 11042 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| MONMOUTH UNIVERSITY | ||||||||
| 400 CEDAR AVENUE | WEST LONG BRANCH | NJ | 07764 | NONE | PC | HONORS SCHOOL | $25,000 | |
| EPWORTH UNITED METHODIST CHURCH | ||||||||
| 1953 HOPKINS ST | BERKELEY | CA | 94707 | NONE | PC | ELEVATOR FOR DISABLED | $25,000 | |
| MEMORIAL SLOAN KETTERING | ||||||||
| 885 SECOND AVE | NEW YORK | NY | 10017 | NONE | PC | CENTER FOR PRECISION INTERCEPTION AND PREVENTION | $75,000 | 7TH FLOOR |
| TRAINING INSTITUTE FOR MENTAL HEALTH | ||||||||
| 115 WEST 27TH ST | NEW YORK | NY | 10001 | NONE | PC | TEEN TALK | $20,000 | |
| ANIMAL MEDICAL CENTER | ||||||||
| 510 EAST 62ND ST | NEW YORK | NY | 10065 | NONE | PC | VETCAT SCANNER | $180,000 | |
| CORKSCREW SWAMP SANCTUARY | ||||||||
| 375 SANCTUARY ROAD WEST | NAPLES | FL | 34120 | NONE | PC | BOARDWALK REPAIR PRIVATE LOOP | $27,000 | |
| THE COMMUNITY YMCA | ||||||||
| 170 PATTERSON AVE | SHREWSBURY | NJ | 07702 | NONE | PC | 20 OUT-PATIENT COUNSELING LOCATIONS | $40,000 | |
| CENTRA STATE HEALTHCARE | ||||||||
| 225 WILLOW BROOK RD | FREEHOLD | NJ | 07728 | NONE | PC | ONCOLOGY PATIENT UNMET NEEDS | $20,000 | STE 5 |
| DEZZY'S SECOND CHANCE ANIMAL RESCUE INC | ||||||||
| 11545 OLD OCEAN BLVD | OCEAN RIDGE | FL | 33435 | NONE | PC | SENIOR DOG CARE DENTAL/MEDICAL | $15,000 | |
| COMMUNITY HOPE INC | ||||||||
| 959 ROUTE 46 EAST | PARSIPPANY | NJ | 07054 | NONE | PC | VETERANS MENTAL HEALTH CAMPAIGN | $50,000 | STE 402 |
| WOODSTOCK FARM ANIMAL SANCTUARY INC | ||||||||
| 2 RESCUE RD | HIGH FALLS | NY | 12240 | NONE | PC | GENERAL SUPPORT | $15,000 | |
| HEALTHCARE CHAPLAINCY INC | ||||||||
| 65 BROADWAY 12TH FL | NEW YORK | NY | 10006 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| PAWS 4 LIBERTY | ||||||||
| 8939 PALOMINO DR | LAKE WORTH | FL | 33467 | NONE | PC | GENERAL SUPPORT | $15,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $859,500 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $568,022 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $16,583 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $16,751 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $601,356 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $601,356 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | WELLS FARGO - BONDS | BondNm |
| EOY Book Value | $2,169,440 | EOYBookValueAmt |
| EOYFMV | $2,052,048 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | WELLS FARGO - SECURITIES | StockNm |
| EOY Book Value | $4,281,737 | EOYBookValueAmt |
| EOYFMV | $4,407,661 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,310,655 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,198,476 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $303,537 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $302,235 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | WELLS FARGO - MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $6,666,329 | BookValueAmt |
| EOYFMV | $9,117,147 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST | Desc |
| BOY Book Value | $11,842 | BOYBookValueAmt |
| EOY Book Value | $11,842 | EOYBookValueAmt |
| EOYFMV | $11,842 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| MISCELLANEOUS EXPENSES | $547 | |
| OPFFICE EXPENSES | $774 | $774 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME - WELLS FARGO | Desc |
| Revenue And Expenses Per Books | $16,583 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $16,583 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX | Desc |
| BOY Book Value | $2,143 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $28,613 | Amt |
| Net Investment Income | $28,613 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $9,540 | $3,180 | $6,360 |
| FOREIGN TAX | $7,534 | $7,534 | |
| FEDERAL TAX | $9,600 |
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